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Zambia picks French firm lazard freres as debt advisors

May 27, 2020 - Reuters Africa

LUSAKA, May 27 (Reuters) - Zambia has picked French company Lazard Freres to provide advisory services regarding liability management for its debt portfolio, Secretary to the Treasury Fredson Yamba said on Wednesday.

Zambia’s finance ministry said in March it was looking for financial advisors to help ensure the sustainability of its debt and manage any loans maturing from next year and beyond. (Reporting by Chris Mfula;)